Cisco Closes BNI Deal
SAN JOSE, Calif. -- Cisco (NASDAQ: CSCO - News) today announced it has completed its acquisition of privately-held BNI Video. Headquartered in Boxborough, Mass., BNI Video supplies service providers with two major video products that offer video back-office and content delivery network (CDN) analytic capabilities.
The acquisition advances the capabilities of Cisco's Videoscape TV platform, which allows service providers to deliver compelling video experiences to any device over any Internet Protocol (IP) network. BNI Video's technology also helps Cisco's service provider customers reduce their operational costs and complexity, while expanding monetization opportunities.
With the close of the acquisition, BNI Video employees join Cisco's Service Provider Video Technology Group.
Cisco Systems Inc. (Nasdaq: CSCO)